Key figures
Key figures
| in EUR million | 2014 | 2013 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1.1. – 31.3. | 1.4. – 30.6. | +/– previous year | 1.1. – 30.6. | +/– previous year | 1.1. – 31.4.1 | 1.1. – 30.6.1 | 31.12. | |||
| Results | ||||||||||
| Gross written premium | 3,624.4 | 3,440.5 | -0.8% | 7,064.9 | -2.2% | 3,468.8 | 7,226.7 | |||
| Net premium earned | 2,912.7 | 2,926.6 | -5.9% | 5,839.4 | -5.7% | 3,110.7 | 6,191.5 | |||
| Net underwriting result | 2.5 | 12.0 | 14.5 | -14.0% | -14.5 | 16.9 | ||||
| Net investment income | 361.2 | 346.4 | +3.6% | 707.5 | +2.7% | 334.3 | 689.0 | |||
| Operating profit (EBIT) | 349.6 | 334.1 | +2.3% | 683.7 | -1.4% | 326.5 | 693.0 | |||
| Group net income | 233.0 | 211.5 | +10.0% | 444.4 | +4.9% | 192.3 | 423.5 | |||
| Balance sheet | ||||||||||
| Policyholders´ surplus | 8,431.2 | 8,563.5 | -2.3% | 8,467.5 | 8,767.9 | |||||
| Equity attributable to shareholders of Hannover Rück SE | 6,302.1 | 6,411.7 | +8.9% | 5,595.4 | 5,888.4 | |||||
| Non-controlling interests | 639.6 | 660.9 | +3.0% | 636.5 | 641.6 | |||||
| Hybrid capital | 1,489.5 | 1,490.9 | -33.4% | 2,235.6 | 2,237.8 | |||||
| Investments (excl. funds withheld by ceding companies) | 31,738.6 | 32,382.7 | +1.6% | 31,609.8 | 31,875.2 | |||||
| Total assets | 54,328.8 | 55,435.4 | +2.8% | 55,157.1 | 53,915.5 | |||||
| Share | ||||||||||
| Earnings per share (basic and diluted) in EUR | 1.93 | 1.75 | +10.0% | 3.69 | +4.9% | 1.59 | 3.51 | |||
| Book value per share in EUR | 52.26 | 53.17 | +8.9% | 46.40 | 48.83 | |||||
| Share price at the end of the period in EUR | 64.93 | 65.81 | +5.5% | 55.32 | 62.38 | |||||
| Market capitalisation at the end of the period | 7,830.4 | 7,936.5 | +5.5% | 6,671.4 | 7,522.8 | |||||
| Ratios | ||||||||||
| Combined ratio (non-life reinsurance)2 | 94.4% | 95.6% | 95.0% | 94.8% | 94.4% | |||||
| Large losses as percentage of net premium earned (non-life reinsurance)3 | 1.9% | 4.3% | 3.1% | 14.4% | 7.6% | |||||
| Retention | 88.4% | 87.1% | 87.7% | 90.1% | 90.0% | |||||
| Return on investment (excl. funds withheld by ceding companies)4 | 3.4% | 3.1% | 3.3% | 3.5% | 3.4% | |||||
| EBIT margin5 | 12.0% | 11.4% | 11.7% | 10.5% | 11.2% | |||||
| Return on equity (after tax) | 15.3% | 13.3% | 14.5% | 12.9% | 14.6% | |||||
| 1 Adjusted pursuant to IAS 8 (cf. Section 2 of the notes) 2 Including funds withheld 3 Hannover Re Group´s net share for natural catastrophes and other major losses in excess of EUR 10 million gross as a percentage of net premium earned 4 Excluding effects from ModCo derivatives and inflation swaps 5 Operating result (EBIT)/net premium earned | ||||||||||